FCP Associate - Transaction Monitoring

Job Description

Overview

To ensure that transaction are reviewed regularly to ensure they are monitored and in line with regulations

• Ensure that transactions are effectively monitored for unusual activity and identify patterns of financial crime.
• Ensure that customers, related parties, beneficial owners, and transactions are screened for sanctions, PEP exposure and adverse media
• Ensure that risk is assessed and documented and that higher risk situations are escalated to senior management
• Ensure that cases, e-mails, and requests are processed promptly and appropriately
• Ensure that records are maintained, systems of record are up to date, and that notes, and descriptions of actions taken etc are clear and comprehensive to support the audit trail of actions and decisions taken
• Ensure that trading activities are reviewed in a timely manner and sanctions and monitoring alerts are closed effectively.
• Other duties as assigned from time to time

• Minimum two years&apos experience conducting transaction monitoring in a regulated financial institution
• Bachelor&aposs degree in a relevant subject [Business, Law or other appropriate discipline]
• Strong and efficient decision making skills with the ability to use judgement and operate autonomously when required
• Effective planning, organisational and time management skills
• Relationship building and communications skills
• Ability to proactively identify and analyse problems and design effective solutions